New Delhi: The Enforcement Directorate (ED) has filed a prosecution complaint (chargesheet) against jailed Aam Aadmi Party (AAP) MLA and former Punjab minister Sanjeev Arora in a money laundering case involving alleged fake iPhone export invoices and fraudulent Goods and Services Tax (GST) transactions worth over ₹102 crore.
Arora was arrested by the ED on May 9 this year on money laundering charges and is currently in judicial custody. His application for regular bail is pending before the Punjab and Haryana High Court.
According to the chargesheet filed before a Gurugram court, the ED alleged that Hampton Sky Realty Limited (HSRL), under Arora’s control and direction, operated a complex trade-based money laundering scheme using fake mobile phone export transactions.
The agency alleged that the scheme involved routing funds through shell companies and accommodation-entry entities without any actual supply of goods, creating a fictitious and commercially unviable supply chain for mobile phones, inflating export values to claim GST refunds and export incentives, and projecting illicit funds as legitimate business income and capital through pre-funded export remittances and investments in group companies.
The ED said the alleged operation worked through three interconnected layers: creating false domestic purchase trails, manipulating export documentation and customs procedures, and integrating the proceeds through export remittances, GST refunds, investments in group entities and immovable properties.
According to the chargesheet, HSRL allegedly procured high-value Apple iPhones and other electronic devices through multiple supplier firms, including SK Enterprises, Global Traders, Worldwide Electronics, GMG Tradelink Pvt Ltd, Shri Lakshmi Enterprises, Mobile Style, US Enterprises, Anjani International and Maruti Nandan Telecom LLP, among others, as part of the alleged fraudulent transactions.
The ED’s allegations are part of its investigation. The case remains before the court, and the charges have yet to be tested in trial.
